Kumpulan Wang Persaraan (Diperbadankan)(“KWAP”) or the Retirement Fund (Incorporated) was established on 1st March 2007 under the Retirement Fund Act 2007(Act 662) replacing the repealed Pensions Trust Fund Act 1991 (Act 454).The Pensions Trust Fund Act 1991 (Act 454) was enacted to assist the Federal Government in funding its pension liability. With the enactment of this Act, the Pensions Trust Fund was established on 1 June 1991 with a launching grant of RM500 million from the Federal Government. The Pensions Trust Fund was administered by the Pensions Trust Fund Council with the Accountant General of Malaysia being responsible for the day to day administration and management of the affairs of the Pensions Trust Fund. With the incorporation of KWAP, all powers, functions, activities, assets and liabilities of the Pensions Trust Fund were taken over in totality by KWAP.
1. Fund Manager
Responsibilities:
-Keep abreast with stocks, markets and economic developments
-Responsible for achieving target return for the assigned portfolio strategy which includes accessing the investment -variables, portfolio modeling, stock picking and projecting the portfolio’s yearly income
-Responsible for monitoring stock prices, portfolio valuation and income target on a periodical basis. Review and recommend the appropriate course of action with regards to these matters
-Execute trade orders and ensure the execution of orders in the best available terms, by matching the market conditions at the time of transactions and the kind of order size concerned
-Review the performance of portfolio as measured by each of the performance metrics on a periodical basis and ensure efforts are taken towards improving the performance against selected benchmarks
Requirements:
-Possess Bachelor’s Degree in Accountancy/Business Administration/Economics or related fields
-Possess strong analytical skills and mastery of qualitative and quantitative techniques of equity investment
-Ability to operate investment related system i.e. Bloomberg, Reuters, Datastream
-Able to work under tight deadlines and fast-paced environment, independently or as a team member
-Good interpersonal and communication skills
-Eloquent in written and spoken English
-At least 5 years experience in managing equity funds with good track records
CLICK HERE TO APPLY ONLINE
Closing Date: 1 Januari 2012
Location: Kuala Lumpur
Sector: GLC